Mubasher: Oman National Engineering and Investment said Tuesday that Muscat Electricity Distribution Company SAOC has awarded the company a contract for constructing 3x20 MVA 33/11KV Primary substation at AL Amerat-2, a bourse filing revealed. 

The ten-month contract is worth OMR 2.039 million, the filing indicated.

The company’s net profits after tax for the first nine months declined 38.82% year-on-year to OMR 932,370 from OMR 1.52 million.